Yuanbao Drives Business With Technology-Driven Insurance Services In Tough Market

Quick Summary:

Key Takeaways: Yuanbao has filed for an IPO in New York, reportedly seeking to raise a relatively modest $50 million in a deal that could value it at more than $400 million

Despite a difficult Chinese insurance market, the company’s platform that uses big data to match potential buyers with the most suitable products is booming By Warren Yang

Insurance is often a tough sell, even in the best of times.

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Article Details

Author / Journalist: The Bamboo Works

Category: InvestingBusiness

Markets: United StatesChina

Topics: News Benzinga Insurance Asia WDH SEC Small Cap Contributors IPOs FANH Markets Penny Stocks ZK

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-25 @ 17:57:03 (4 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 1116 words

Reading Time: 7 minutes read

Sentences: 44 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 22762610

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Main Topics: InvestingBusiness

Official Website: benzinga.com

Year Established: 2010

Headquarters: United States

News Last Updated: 3 days ago

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Publisher ID: #54

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